I was just asking if it would be better to pay a larger chunk instead of monthly -say giving $120 as one chunk would be $2 processing fee - $120 over 12 months is $24 processing fee, right? (Just trying to understand the fee structure)
Ah, I understand. I think the processing fees are a percentage. I donate $30 per month, which likely costs 1.5% or 2% to process, but Free Republic knows it getting that amount every month.
I think you're right, when it comes to Free Republic receiving the entire amount, that checks are better, but that leaves us with FReepathons and I like FReepathons and Monthly Donations!
Processing fees are part of doing business. Retail business are also stuck with processing fees. If checks bounce, Free Republic is stuck with the cost of those, without much recourse. I have no idea if that's happened.